SuperFarm Price Prediction 2021 – Will SUPER Hit $3 Soon?

SuperFarm Price Prediction 2021 - Will SUPER Hit $3 Soon?
  • Bullish SUPER price prediction ranges from $0.95to $2.92.
  • SUPER price might also reach $3 soon.
  • SUPER bearish market price prediction for 2021 is $0.29.

In SuperFarm (SUPER) price prediction 2021, we use statistics, price patterns, ADX, and much other information about SUPER to analyze the future movement of the cryptocurrency

SuperFarm (SUPER) is cross-chain decentralized finance (DeFi) platform built to provide the launching of new non-fungible tokens (NFTs) without the need for programming. SuperFarm is developed to bring utility to any token by turning it into an NFT farm with no coding required. SuperFarm will also act as a link between crypto ecosystems and the gaming industry.

According to CoinGecko, SuperFarm (SUPER) price is trading at $0.7792 with a 24-hour trading volume of $29,792,906, at the time of writing. However, SUPER has decreased by 0.78% in the last 24 hours.

Moreover, SUPER has a circulating supply of 101,909,750.00SUPER. Currently, SUPER trades in cryptocurrency exchanges such as  Binance, Hotcoin Global, HitBTC, ZT, and Gate.io. 

SuperFarm (SUPER) Price Prediction 2021

SuperFarm (SUPER) holds the 231st position on CoinGecko right now. SUPER price prediction 2021 is explained below with a daily time frame.

SUPER/USDT Price Chart Daily Time Frame (Source: TradingView)

The above chart shows the Descending Channel patterns. The descending channel pattern is the price action that occurs between the upward and downward trendlines. In addition, lower highs and lows constitute this price pattern.

In the daily time frame chart, it is possible for SUPER to reach $4.70 if the bull trend continues. Or else, if the price of the SUPER breaks the resistance level of $1.52, it will fall to the next support level at $0.35. So, the trend of the SUPER is based on the breakout.

SuperFarm (SUPER) Support and Resistance Level

The below chart shows the support and resistance level of SUPER.

SUPER/USDT Support and Resistance Level (Source: TradingView)

From the above daily time frames, it is clear the following are the resistance and support levels of SUPER.

  • Resistance Level 1 – $0.95
  • Resistance Level 2 – $1.50
  • Resistance Level 3 – $2.92
  • Support Level 1 – $0.52
  • Support Level 2 – $0.29

The charts show that SUPER has performed a bullish trend over the past month. If this trend continues, SUPER might run along with the bulls overtaking its resistance level at $2.92.

Conversely, if the investors turn against the crypto, the price of SUPER might plummet to almost $0.29, a bearish signal.

SuperFarm (SUPER) Average Directional Index (ADX)

Now let’s look at the average directional index (ADX) of SUPER. ADX helps traders to determine the strength of a trend, not its actual direction. It can be used to determine if the market is changing or if a new trend is starting. However, it is related to the Directional Movement Index.

Moreover, the oscillators range from 0 to 100. In addition, a high value represents a strong trend, while a low value indicates a weak trend. It is often used in combination with direction indicators. 

SUPER/USDT ADX(Source: TradingView)

The above chart shows the ADX of SUPER stays above the range of 34.818, so it indicates a strong trend.

Conclusion

SUPER is one of the cryptos that keeps its ground against the bearish market. Furthermore, our long-term SUPER price prediction for 2021 is bullish. It has a huge possibility of overtaking its current all-time-high (ATH) of $4.74 this year. However, this will only happen if SUPER breaks many past psychological resistances.

Furthermore, with the ongoing developments and upgrades within the SUPER ecosystem, it could experience a great future ahead in 2021. It may reach $2.92 soon and it might even reach high heights, however reaching $3, if investors have planned that SUPER is a good investment in 2021.

Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.

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